Chelsea’s ability to comply with profit and sustainability rules is in doubt after it emerged that the club made a pre-tax loss of £90.1 million ($115 million) in the year to 30 June 2023.
The Premier League’s rules permit clubs to make a loss of £105 million over a three-year period.
Chelsea made heavy losses under Roman Abramovich. The Boehly-Clearlake ownership has sought to drive down the wage bill and has a strategy of signing young players on long and heavily incentivized contracts.
The latest loss raises the chances of Chelsea having to raise funds through player sales this summer. They are expected to want to move on homegrown players such as Armando Broja, Trevoh Chalobah, Conor Gallagher and Ian Maatsen. Money received for academy products goes down as pure profit in FFP terms.